Hill-Wood: Wenger Will Stay
Arsenal chairman Peter Hill-Wood has told Arsenal TV Online that boss Arsene Wenger is going nowhere after yesterday's shock departure of David Dein.
Within minutes of Dein's departure rumours began that Wenger would be next out the Emirates door, due to close relationship the pair share.
Hill-Wood was swift to reassure fans though, saying: "The relationship that Arsene has with the board is good.
"He is on contract until 2008 and we hope he will extend beyond that."
He added: "It's well known that Arsene and David have got on very well over the past 10 years and I am certain that Arsene will miss him."
Peter went on to deny yet more rumours that Dein's departure was due to lack of transfer funds: "We've always made funds available to Arsene, he attends the board meetings, he understands the financial position," said Hill-Wood.
"I can assure supporters that we will continue to provide funds when Arsene requires them.
"We have a very good squad - young, maybe, but developing well - and if Arsene wants to strengthen it we have the money to provide him with any reasonable purchases he wants to make."